New Delhi, July 14 -- Prashant Chauhan has taken on the role of Chief Information Officer (CIO) at Tata Capital Housing Finance Limited (TCHFL), which is a wholly owned subsidiary of Tata Capital Limited. Chauhan announced this by updating his role on LinkedIn. Previously, he held the position of Deputy Vice President at Tata Capital since December 2015, where he was responsible for overseeing technology strategy, digital and business transformation, as well as home loan and corporate platforms, while also leading fintech initiatives and architecture design. In his LinkedIn profile, Chauhan said that he leads Digital lending implementation and Architect design, showcasing a proven track record in the financial services sector. He also focuses on creating a seamless experience for underbanked and unbanked MSMEs through the use of an API network and partnerships with fintech companies. He is currently working on the Government e-Marketplace or GeM Sahay, a digital lending initiative designed to provide instant, collateral-free loans to MSMEs registered as sellers on the GeM portal and GST Sahay to simplify access to financing for working capital needs for these businesses. Additionally, he possesses skills in business process, digital strategy, fintech partnerships, establishing OCEN and AA standards, customer relationship management (CRM), and market research, he wrote in his profile. Prior to this, he worked at Reliance Capital within the Reliance Group from April 2011 to December 2015, where his responsibilities included program management, change management, technology-driven innovation, and comprehensive development and deployment. Alongside founding Weekend Breakfast in early 2015, Prashant earned an MBA from the Indian Institute of Management Bangalore (IIM-B), which complements his earlier MBAs in International Business from ITM Group of Institutions and ESSCA, as well as a B.Tech in Computer Science from GL Bajaj Institute of Technology and Management. Mumbai-based TCHFL has over 5,000 employees as of May 31, 2025, and the company is undergoing a digital transformation to enhance customer experience and operational efficiency. This includes digitising existing products, developing new digital offerings, and leveraging technology such as AI/ML, data analytics, among others, for end-to-end loan processes. The company's website mentions that it aims to provide a seamless and convenient experience for its customers, particularly millennials, through online platforms and mobile-first approaches.
Published by HT Digital Content Services with permission from TechCircle.